Research on Theoretical Mechanism and Promotion Path of Digital Economy Driving China’s Green Development under “Double Carbon” Background

Zhen Feng, Sainan Cheng, Guohua Qu (), Yunlong Cui and Jiameng Ye
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Zhen Feng: School of Management Science and Engineering, Shanxi University of Finance and Economics, Taiyuan 030006, China
Sainan Cheng: School of Business Administration, Shanxi University of Finance and Economics, Taiyuan 030006, China
Guohua Qu: School of Management Science and Engineering, Shanxi University of Finance and Economics, Taiyuan 030006, China
Yunlong Cui: School of Materials and Energy, University of Electronic Science and Technology of China, Chengdu 610054, China
Jiameng Ye: School of Management Science and Engineering, Shanxi University of Finance and Economics, Taiyuan 030006, China

IJERPH, 2022, vol. 20, issue 1, 1-27

Abstract: (1) Background: Under the background of building a new pattern of “double cycle” development, the green meaning of the digital economy is highly valued. The innovative feature of the digital economy is forming a new economic growth pole, and gradually becomes the driving force for China’s economic restructuring and green development; (2) methods: this paper empirically tests whether the digital economy can promote green development by using various econometric models based on panel dataset with 30 provinces from 2011 to 2019 in mainland China and measuring the development level of the digital economy and the greening index; (3) results: it is found that the digital economy can directly boost green development in greening degree of economic growth, resources and environment-carrying potential, and government policy support. The digital economy’s influence on green development has an inverted U-shaped trend; environmental control is an effective regulatory variable with a substitution effect on green development. With an obvious regional heterogeneity, the digital economy promotes green development; the digital economy can greatly affect green growth through technical innovation through mechanism analysis. The robustness test supports the above conclusion; (4) conclusions: the findings provide a foundation for multi-party policymakers to effectively formulate and implement policies for the digital economy that encourage green growth.

Keywords: digital economy; green; environmental regulation; technical innovation (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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